Oklahoma Foreclosure Rates Rises During Third Quarter
Following the nationwide trend, foreclosures in Oklahoma have taken an upward turn, rising almost 14% between the second and third quarters of this year. Homeowners across the state seem to be unable to keep up with their monthly mortgage payments, especially in the urban area of Omaha. This is seen as a result of rising interest rates and a sluggish economy, in which homeowners are finding it harder and harder to allocate enough money for common expenses and their mortgage.
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